| Product Code: ETC7389109 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala`s import of compressed natural gas (CNG) continued to show strong growth in 2024, with the top exporting countries being the USA, Trinidad and Tobago, Chile, China, and Mexico. The market concentration, as measured by the HHI, remained significantly high, indicating a dominant presence of these key suppliers. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 19.93%, with a notable growth rate of 21.11% from 2023 to 2024. These figures suggest a robust demand for CNG in Guatemala, with a reliance on a select group of exporting nations.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Compressed Natural Gas (CNG) Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Compressed Natural Gas (CNG) Market - Industry Life Cycle |
3.4 Guatemala Compressed Natural Gas (CNG) Market - Porter's Five Forces |
3.5 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Compressed Natural Gas (CNG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives promoting the use of compressed natural gas (CNG) as a cleaner alternative fuel. |
4.2.2 Growing awareness among consumers and businesses about the environmental benefits of using CNG. |
4.2.3 Rising concerns about air pollution and global warming, leading to a shift towards cleaner energy sources. |
4.3 Market Restraints |
4.3.1 Limited infrastructure for CNG distribution and refueling stations. |
4.3.2 High initial investment costs for converting vehicles to run on CNG. |
4.3.3 Fluctuating global prices of natural gas affecting the cost-effectiveness of CNG as a fuel option. |
5 Guatemala Compressed Natural Gas (CNG) Market Trends |
6 Guatemala Compressed Natural Gas (CNG) Market, By Types |
6.1 Guatemala Compressed Natural Gas (CNG) Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Associated Gas, 2021- 2031F |
6.1.4 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Non-Associated Gas, 2021- 2031F |
6.1.5 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Unconventional Sources, 2021- 2031F |
6.2 Guatemala Compressed Natural Gas (CNG) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Light-Duty Vehicles, 2021- 2031F |
6.2.3 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Buses, 2021- 2031F |
6.2.4 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Trucks, 2021- 2031F |
6.2.5 Guatemala Compressed Natural Gas (CNG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Compressed Natural Gas (CNG) Market Import-Export Trade Statistics |
7.1 Guatemala Compressed Natural Gas (CNG) Market Export to Major Countries |
7.2 Guatemala Compressed Natural Gas (CNG) Market Imports from Major Countries |
8 Guatemala Compressed Natural Gas (CNG) Market Key Performance Indicators |
8.1 Number of new CNG refueling stations opened in Guatemala. |
8.2 Percentage increase in the adoption rate of CNG vehicles in the transportation sector. |
8.3 Investment in research and development for enhancing CNG technology in Guatemala. |
9 Guatemala Compressed Natural Gas (CNG) Market - Opportunity Assessment |
9.1 Guatemala Compressed Natural Gas (CNG) Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Guatemala Compressed Natural Gas (CNG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Compressed Natural Gas (CNG) Market - Competitive Landscape |
10.1 Guatemala Compressed Natural Gas (CNG) Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Compressed Natural Gas (CNG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |